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Tokyo Stocks Mixed at Open as U.S. Rally Is Offset by Middle East Uncertainty
Tokyo stocks opened mixed on the 9th, with the Nikkei Stock Average falling \108 from the previous session to \56,199 at the opening bell.
The Tokyo stock market saw conflicting bullish and bearish sentiment in major stocks, with the Nikkei edging lower at the open. Following the previous day's immediate ceasefire agreement between the U.S. and Iran, the Nikkei had posted a record surge of nearly \2,900. A positive tone had been anticipated for today's session on the back of substantial overnight gains in U.S. stocks, particularly in semiconductor-related names. However, the Tokyo market's upside remained limited, having already surged ahead of the U.S. rally the previous day. Market participants remain highly sensitive to any news flow regarding the Middle East.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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